EuroMotif

ADA/BTC breakout could be BIG: Cardano 22-58 % minimum expected

BINANCE:ADABTC   Cardano / Bitcoin
Cardano has been pounding against the ceiling.
Above there are wide open spaces to next fibs.
It could be a good HODL buy or high profit trade.

The Fib series is from last drop starting in May 2018.
The 2.618 was good support and is a common bounce point.
The 2.236 often works in tandem acting as the 'other' wall.

Break above 2.236 opens it up to the 1.618 as final target.
2.0 is not a valid Fib, but 'Double' and 'Half' do get attention.
1.764 (2.0 - .236) is not often strong but proved during drop .

Break above the 2.236 and then retest would be great entry.
Support wise, the 2.382 must hold or odds of breakout diminish.
Of course, if the 2.618 breaks then the downtrend will resume.

Ideal: sudden spike down to 2.382 and then a 'super-ball' bounce.
Mar 22
Comment: We definitely have a break out, question is will retest of 134x hold?
Closeup I am watching this fib for clues
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Mar 22
Comment: Still looks good, and fib is on task that 4.236 might be a spot to take some profits for me, let the rest ride .

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Mar 22
Comment: Nice, perfect Tap of the Target. Sold 50% of my ADA bag at this 4.236 will look to buy back lower

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Mar 27
Comment: Here we are, at the first Moment of Truth
Zoomed in. You cant get any more precise than that
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Mar 29
Comment: Fibs on the 15min shows reason for reflection from 1733 stats now to see if bulls can hold the green 6.236 around 1694

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Mar 29
Comment: 1694 brought some buyers, nice wick on 15 min candle exactly at the zone
Apr 07
Comment: Sorry for lack of updates. ADA hit Target 2 EXACTLY, gotta love Fibs, WOW
Zooming in, we see just how Precise the Fib line forecased the resistance
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Comments

this drops about to be fun! ada in the long run for sure
+2 Reply
@NON4GON, hi, yeah, hoping it comes back to 1400 or so where I plan to start loading again....
Reply
So, whats your buy back levels?
Reply
EuroMotif eagle313
@eagle313, Hi, currently watching 1400 sats but it might come that low. Watching the other fibs as well
Reply
BRUH! You are an assassin!
Reply
EuroMotif transamspirit
@transamspirit, TY friend!
I give all credit to the Golden Ratio, as you know....
+1 Reply
transamspirit EuroMotif
@EuroMotif, I keep doubting. I sold before the final spike knowing itd hit 1460
Reply
EuroMotif transamspirit
@transamspirit, Profit is Profit ! maybe it turns out I sold too early too .... so I usally step and out in 50%/25% imcrements...
Reply
transamspirit EuroMotif
@EuroMotif, Either way... your fibs always seem to reaffirm what im seeing. You should take tips! Honestly, this big a pump so close to pattern conclusion? The dump may be severe.
Reply
Holding this in my back pocket until we determine which way we are going. Thanks Motif!
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